Automotive Collision Repair Market Statistics

Published Date: Jan 2020  |  Report ID: GMI108  |  Authors: Kiran Pulidindi, Hemant Pandey  |  Table of Contents Industry TrendsSuperior bonding strength to drive the adhesives demandPCVs to lead the industry sizeOEM as the major source for automotive collision repair partsDealer owned shops to bank upon superior quality componentsRepair shops to drive the growth in North AmericaMergers […]

Published Date: Jan 2020  |  Report ID: GMI108  |  Authors: Kiran Pulidindi, Hemant Pandey

Industry Trends

Automotive Collision Repair Market size estimated at around USD 283.9 billion in 2018 and will grow at a CAGR of 2.5% from 2019 to 2026. Growing intercity and intra-city goods transportation activities will enhance the industry expansion by 2026.


Growing customer preferences to restore vehicles appearance are providing potential opportunities for the market growth during the forecast timeframe. Industry players are focusing on developing technologies to ensure pre-collision finish. Rising traffic congestions in urban areas, leading to minor vehicle dents & scratch marks are inducing the demand for minor paint touchups.


Automotive Collision Repair Market

Get more details on this report – Request Free Sample PDF


Rising two-wheeler traffic congestion is contributing towards accidents and crashes, thereby promoting the industry growth. The increasing two-wheeler demand is attributed to availability of attractive financing schemes and a diversified range of products as well as pricing. South East Asia possesses one of the highest penetration rates of two wheelers across the globe.


Automotive Collision Repair Market Report Coverage
Report Coverage Details
Base Year: 2018 Market Size in 2018: 236 Million (USD)
Historical Data for: 2016 to 2018 Forecast Period: 2019 to 2026
Forecast Period 2019 to 2026 CAGR: 2.5% 2026 Value Projection: 344.2 Billion (USD)
Pages: 215 Tables, Charts & Figures: 306
Geographies covered (20): U.S., Canada, Germany, UK, France, Italy, Spain, Netherlands, Belgium, Russia, China, India, Japan, Australia , Brazil, Mexico, Argentina, South Africa, Saudi Arabia, UAE
Segments covered: Product, Vehicle, Source, Auto Body Shops, Region
Companies covered (31): 3M, ATP Automotive, Caliber Collision, Continental Corporation, Denso Corporation, DuPont, Eastman Chemical Company, Faurecia, Federal-Mogul Holdings Corp., Henkel AG & Co., KGaA, Honeywell International Inc., Huntsman Corporation, International Automotive Components (IAC) Group, Johnson Control, Inc., Magna International, Inc., MANN+HUMMEL, Martinrea International, Inc., MITSUBA Corporation , PPG Industries, Robert Bosch GmbH, Sika AG, Takata Corporation, Tenneco, Inc., Tokai Rika Co., Valeo, Wacker Chemie AG, Yazaki Corporation, ZF Friedrichshafen AG, Wurth USA, Inc, Mirka Ltd., Norton Abrasives
Growth Drivers:
  • High automotive production and supporting infrastructure
  • Increasing light duty vehicles and powder coatings demand
  • Increasing demand for automotive coatings and rising sales of vehicles
  • Rising demand of two wheelers in the emerging nations
  • Advanced tools and technology development across the region
  • Increasing road accidents & fatalities
Pitfalls & Challenges:
  • Lack of technical expertise and improving vehicle safety features
  • Growing demand for autonomous vehicle

Request 15% Free Customization on this Report

Superior bonding strength to drive the adhesives demand

Automotive parts including glass, metal and fiber assemblies require adhesives for effective bonding strength and to ensure the operational safety of vehicles. Automotive adhesives offering superior cohesive strength and rapid curing rates are escalating segment growth. Additionally, automotive sealants that provide improved chemical stability and adhesive flexibility will further drive the product demand.


Rapid technological advancements for superior finish and longevity will propel automotive collision repair market share through 2026. The incorporation of advanced materials and chemicals for manufacturing collision repair products is positively influencing the industry share. Prominent players are focusing on offering efficient & cost-effective products to strengthen their foothold in the automotive collision market.


PCVs to lead the industry size

Automotive Collision Repair Market By Vehicle

Get more details on this report – Request Free Sample PDF


Increasing passenger vehicle accidents owing to rising road traffic density is enhancing the automotive collision repair industry share during the next few years. Additionally, easier availability of car services and repair centers offering high quality restoration and refurbishment options will escalate the segment size. Supportive car insurance policies and claim generation services offered by insurance providers are significantly leveraging market share.


Light commercial vehicle segment is anticipated to report a high demand for collision repair parts. Presence of multiple paint shops and car body repair solutions for light commercial vehicles are strengthening the product penetration. The vehicles for rugged applications undergoing frequent repair services require low-cost repair and paint services. The availability of spare parts and components from OEMs in the aftermarket along with the provision of warranties and guarantees will escalate the industry revenue.


OEM as the major source for automotive collision repair parts

U.S. Automotive collision market by source

Get more details on this report – Request Free Sample PDF


In 2018, the New OEM accounted for over 65% of industry share owing to easier replacements and insurance policies offered by manufacturers. The products offer enhanced reliability & durability along with ease of installation by qualified technicians. Moreover, continuous improvements in the product quality offering an extended life cycle along with advanced manufacturing capabilities will drive the segment penetration.


Dealer owned shops to bank upon superior quality components

China Automtive Collison Repair Market

Get more details on this report – Request Free Sample PDF


The dealer-owned shops will witness around 2.5% CAGR till 2026 owing to availability of reliable & higher quality spare parts. These are engaged in improving customer experience by offering customers with real-time updates about their vehicles. The availability of highly skilled technicians, offering proper diagnosis of vehicle problems along with improved network of repair centers, are further supporting the segment growth.


Repair shops to drive the growth in North America

Automotive Collision Repair Market by Region

Get more details on this report – Request Free Sample PDF


North America led by the U.S., dominates the automotive collision repair market size due to presence of multiple repair shops. The demand is anticipated to rise in the country due to stagnating vehicle sales. However, the implementation of the innovative technologies including, lane departure warning system (LDWS), night vision & pedestrian control, and autonomous emergency braking, will reduce the collision rate, thereby limiting the industry growth.


Mergers and acquisitions to emerge as a key strategy for service expansion

Industry players are highly focused towards mergers and acquisitions to strengthen their market share. For instance, in 2016, 3M entered into a partnership with TTS Tooltechnic Systems AG & Co to launch its advanced Total Automotive Sanding Systems. The strategy enabled the company to diversify its product portfolio with surface preparation finishing and systems.


The key industry players include 3M, Continental Corporation, Caliber Collision, Denso Corporation, Eastman Chemical, Federal-Mogul Holdings Corp, IAC Group, MANN+HUMMEL, Robert Bosch GmbH and Sika AG among others.


The automotive collision repair market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD billion from 2016 to 2026, for the following segments:

By Product

  • Crash Parts 
  • Paints & Coatings
  • Adhesives & Sealants
  • Abrasives
  • Finishing Compounds
  • Others

By Vehicle

By Source

  • New OEM
  • Aftermarket
  • Recycled
  • Remanufactured

By Auto Body Shops

  • Dealer-owned shops
  • Independent repair shops

The above information is provided on a regional and country basis for the following:

  • North America
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Russia
    • Italy
    • Netherlands
    • Belgium
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • Malaysia
  • Latin America
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE


Frequently Asked Questions (FAQ) :

Source Article

Next Post

Police have responded to several vehicle burglaries in Sanford/Springvale over past 2 weeks

Thu Apr 30 , 2020
SANFORD, Maine — Over the past 2 weeks, officers from the Sanford Police Department have responded to several motor vehicle burglaries throughout Sanford/Springvale. In a post on the department’s Facebook page, they said each incident had the same theme: vehicle doors were not locked.  The department said motor vehicle burglaries […]
Situs sbobet resmi terpercaya. Daftar situs slot online gacor resmi terbaik. Agen situs judi bola resmi terpercaya. Situs idn poker online resmi. Agen situs idn poker online resmi terpercaya. Situs idn poker terpercaya.

situs idn poker terbesar di Indonesia.

List website idn poker terbaik.

Game situs slot online resmi